Chatter Box Executes and Acquires the Assets of I1 connect
Poster: SySAdmin
Posted on November 29, 2011 at 8:35:01 AM
Chatter Box Executes and Acquires the Assets of I1 connect
HONG KONG, Nov. 29, 2011 /PRNewswire-Asia/ -- Chatter Box Call Center Ltd. (CXLL.OB) is pleased to announce it has executed and acquired the assets of I1 connect (http://www.i1connect.com). The platform will establish a foundation towards an e presence and internet portal for business services, and video/press distribution.
I1 connect was previously audited and valued in 2008 by Larry O'Donnell, CPA, Pc, Aurora, Colorado in accordance with bdc rules. The valuation at the time was pegged at US$20 mill. While this asset has been dormant and operating quietly, it needs substantial upgrades and refurbishing in order to relaunch the portal.
"While I1 connect realizes it has lost market share and momentum, it feels that Chatter Box has the capacity to revamp and provide the necessary branding to build out video and press distribution services within the BPO segment of Chatter Box's business plan," said Dr. Daniel Imperato, CEO I1 connect. Mr. Imperato previously was a Presidential Candidate "hopeful" for the Independent caucus during the 2008 run off and has an extensive business and strategic advisory background.
This transaction and terms, thereof are subject to independent third party verification, audit and due diligence.
About Chatter Box
Chatter Box operates a Business and Knowledge Process Outsourcing Technology/IT company that is currently building out a platform which will play an active role in the IT-Telecom/BPO/CRM/Contact Centect industry globally.
For more information, visit http://www.chatterboxcallcenter.com.
To subscribe to Chatter Box mailing list, visit http://clicks.skem1.com/signup/?c=1SIhHe.
CXLL.OB
Outstanding: 19.5mill.
Float: 5.4mill.
Contact:
Shruti Khurana
Investor Relations
+1-917-310-3733
Email: info@chatterboxcallcenter.com
SOURCE Chatter Box Call Center Ltd.
Chatter Box Call Center Ltd.
Web Site: http://clicks.skem1.com/signup/?c=1SIhHe
HONG KONG, Nov. 29, 2011 /PRNewswire-Asia/ -- Chatter Box Call Center Ltd. (CXLL.OB) is pleased to announce it has executed and acquired the assets of I1 connect (http://www.i1connect.com). The platform will establish a foundation towards an e presence and internet portal for business services, and video/press distribution.
I1 connect was previously audited and valued in 2008 by Larry O'Donnell, CPA, Pc, Aurora, Colorado in accordance with bdc rules. The valuation at the time was pegged at US$20 mill. While this asset has been dormant and operating quietly, it needs substantial upgrades and refurbishing in order to relaunch the portal.
"While I1 connect realizes it has lost market share and momentum, it feels that Chatter Box has the capacity to revamp and provide the necessary branding to build out video and press distribution services within the BPO segment of Chatter Box's business plan," said Dr. Daniel Imperato, CEO I1 connect. Mr. Imperato previously was a Presidential Candidate "hopeful" for the Independent caucus during the 2008 run off and has an extensive business and strategic advisory background.
This transaction and terms, thereof are subject to independent third party verification, audit and due diligence.
About Chatter Box
Chatter Box operates a Business and Knowledge Process Outsourcing Technology/IT company that is currently building out a platform which will play an active role in the IT-Telecom/BPO/CRM/Contact Centect industry globally.
For more information, visit http://www.chatterboxcallcenter.com.
To subscribe to Chatter Box mailing list, visit http://clicks.skem1.com/signup/?c=1SIhHe.
CXLL.OB
Outstanding: 19.5mill.
Float: 5.4mill.
Contact:
Shruti Khurana
Investor Relations
+1-917-310-3733
Email: info@chatterboxcallcenter.com
SOURCE Chatter Box Call Center Ltd.
Chatter Box Call Center Ltd.
Web Site: http://clicks.skem1.com/signup/?c=1SIhHe